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Confidence in the economy has trebled since 2012 but more of us are pessimistic than optimistic about the recovery.

The State of the Nation poll by Ipsos MORI, commissioned by the think-tank British Future, found that 29 per cent of people were optimistic about the economy, compared with 9 per cent in 2012. Meanwhile, 40 per cent are pessimistic about the recovery, although this is down from 74 per cent in 2012.

The Chancellor has much to do to convince voters in the North of England that they have a bright future, however. According to the survey, which questioned 2,224